Goldman Sachs Maintains Buy on Bank of N.T Butterfield, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance has maintained a 'Buy' rating on Bank of N.T Butterfield (NYSE:NTB) but lowered the price target from $37 to $33.
October 13, 2023 | 12:30 pm
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Goldman Sachs has maintained a 'Buy' rating on Bank of N.T Butterfield but lowered the price target from $37 to $33.
The news is directly about Bank of N.T Butterfield. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation. This could have a neutral impact on the stock in the short term as the positive 'Buy' rating is counterbalanced by the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100